Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) 12-1 Month Momentum % : 15.12% (As of May. 16, 2024)

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What is Columbia Seligman Premium Technology Growth Fund 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-16), Columbia Seligman Premium Technology Growth Fund's 12-1 Month Momentum % is 15.12%.

The industry rank for Columbia Seligman Premium Technology Growth Fund's 12-1 Month Momentum % or its related term are showing as below:

STK's 12-1 Month Momentum % is ranked better than
77.32% of 1733 companies
in the Asset Management industry
Industry Median: 0.65 vs STK: 15.12

Competitive Comparison of Columbia Seligman Premium Technology Growth Fund's 12-1 Month Momentum %

For the Asset Management subindustry, Columbia Seligman Premium Technology Growth Fund's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Columbia Seligman Premium Technology Growth Fund's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Columbia Seligman Premium Technology Growth Fund's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Columbia Seligman Premium Technology Growth Fund's 12-1 Month Momentum % falls into.

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Columbia Seligman Premium Technology Growth Fund 12-1 Month Momentum % Related Terms

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Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Columbia Seligman Premium Technology Growth Fund Inc (NYSE:STK) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Franklin Street, Boston, MA, USA, 02110

Website

https://www.columbiathreadneedleus.com

Columbia Seligman Premium Technology Growth Fund Inc is a closed-end management investment company. Its investment objective is to seek growth of capital and current income. The fund invests in various sectors such as consumer discretionary, industrials, information technology and telecommunication services. Columbia Management Investment Advisers, LLC serves as the investment manager to the fund.

Executives

Janet Carrig	director	ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Douglas A Hacker	director	P O BOX 66100-WHQLD, CHICAGO IL 60666
Daniel Beckman	officer: Senior Vice President	225 FRANKLIN STREET, BOSTON MA 02110
Gene R Tannuzzo	other: Man Dir/GL HD of FI Issuer IA	225 FRANKLIN ST., BOSTON MA 02110
Christopher O. Petersen	officer: Vice President and Secretary	5228 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Brian M. Engelking	other: Dir.,VP & CFO of Issuer's IA	225 FRANKLIN STREET, BOSTON MA 02110
Sandra Yeager	director	225 FRANKLIN ST., BOSTON MA 02110
Jonathan C Cleasby	other: Dir., VP & CFO of Issuer's IA	225 FRANKLIN ST., BOSTON MA 02110
Brian J Gallagher	director	225 FRANKLIN STREET, BOSTON MA 02110
Pamela G Carlton	director	901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Anthony M Santomero	director	RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Joseph Beranek	officer: Treasurer of Issuer	225 FRANKLIN ST, BOSTON MA 02110
Scott E Couto	other: EVP/Head N.Am. for Issuer's IA	225 FRANKLIN ST, BOSTON MA 02110
Vimal Patel	other: Portfolio Manager of Issuer	50606 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Shekhar Pramanick	other: Portfolio Manager of Issuer	225 FRANKLIN STREET, BOSTON MA 02110